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PUBLISHER: Euromonitor International | PRODUCT CODE: 1945666
PUBLISHER: Euromonitor International | PRODUCT CODE: 1945666
Financial Cards and Payments in Malaysia
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PAGES: 58 Pages
DELIVERY TIME: 1-2 business days
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In Malaysia, financial cards and payments recorded higher card circulation and rising transaction activity in 2025, supported by wider acceptance, POS expansion and growing contactless usage for low-value purchases. E-commerce growth and wallet-linked spending reinforced the role of card credentials in online checkout, while initiatives such as DuitNow QR broadened acceptance among smaller merchants and micro businesses. Digital-only banks launching in 2024 added momentum through mobile-first on...
Euromonitor International's Financial Cards and Payments in Malaysia report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Financial Cards in Circulation, Mobile Payments, Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Financial Cards and Payments market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market's major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 50 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo, Bengaluru, Sao Paulo, Seoul, Hong Kong, Dusseldorf and Mexico City and a network of analysts in 100 countries, Euromonitor International has a unique capability and an understanding of diverse markets to develop reliable information resources to help drive informed strategic planning. To learn more about how our research solutions can support you, contact your local Euromonitor International office.
Product Code: FCMY
TABLE OF CONTENTS
List Of Contents And Tables
EXECUTIVE SUMMARY
- Policy support and wider acceptance underpin card usage
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
- Cashless infrastructure and digital commerce lift financial cards adoption in 2025
- Government initiatives and infrastructure expansion support growth
- Increased acceptance strengthens performance
WHAT'S NEXT?
- Policy-led cashless momentum and DuitNow QR scale will sustain growth in cards and usage
- Tokenised mobile payments and open loop transit access will lift everyday card relevance
- Fintech ecosystems and PayNet programmes will accelerate activation and embed cashless habits
COMPETITIVE LANDSCAPE
- Touch 'n Go leads issuance through transport-linked scale and feature upgrades
- Visa retains strong position while Affin and BigPay show strong dynamism
MARKET INDICATORS
- Table 1 Number of POS Terminals: Units 2020-2025
- Table 2 Number of ATMs: Units 2020-2025
- Table 3 Value Lost to Fraud 2020-2025
- Table 4 Card Expenditure by Location 2025
- Table 5 Financial Cards in Circulation by Type: % Number of Cards 2020-2025
- Table 6 Domestic versus Foreign Spend 2025
MARKET DATA
- Table 7 Financial Cards by Category: Number of Cards in Circulation 2020-2025
- Table 8 Financial Cards by Category: Number of Accounts 2020-2025
- Table 9 Financial Cards Transactions by Category: Value 2020-2025
- Table 10 Financial Cards by Category: Number of Transactions 2020-2025
- Table 11 Consumer Payments by Category: Value 2020-2025
- Table 12 Consumer Payments by Category: Number of Transactions 2020-2025
- Table 13 M-Commerce by Category: Value 2020-2025
- Table 14 M-Commerce by Category: % Value Growth 2020-2025
- Table 15 Financial Cards: Number of Cards by Issuer 2020-2024
- Table 16 Financial Cards: Number of Cards by Operator 2020-2024
- Table 17 Financial Cards: Card Payment Transactions Value by Operator 2020-2024
- Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2020-2024
- Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2025-2030
- Table 20 Forecast Financial Cards by Category: Number of Accounts 2025-2030
- Table 21 Forecast Financial Cards Transactions by Category: Value 2025-2030
- Table 22 Forecast Financial Cards by Category: Number of Transactions 2025-2030
- Table 23 Forecast Consumer Payments by Category: Value 2025-2030
- Table 24 Forecast Consumer Payments by Category: Number of Transactions 2025-2030
- Table 25 Forecast M-Commerce by Category: Value 2025-2030
- Table 26 Forecast M-Commerce by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
SOURCES
- Summary 1 Research Sources
DEBIT CARDS IN MALAYSIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Debit usage broadens as contactless becomes routine
INDUSTRY PERFORMANCE
- Debit card growth fuelled by digitalisation and economic resilience
- Debit cards underpin e-payment transaction growth
WHAT'S NEXT?
- Debit card transactions set for sustained growth as cashless policy deepens
- Competition to intensify as digital banks and e-wallet ecosystems expands
- App-led security and usability to become a decisive driver of debit engagement
COMPETITIVE LANDSCAPE
- Visa leads debit operations through tokenisation, passkeys and expanded contactless acceptance
- Issuer leadership centres on security control, multi-currency value and DuitNow QR interoperability
CATEGORY DATA
- Table 27 Debit Cards: Number of Cards in Circulation 2020-2025
- Table 28 Debit Cards Transactions 2020-2025
- Table 29 Debit Cards in Circulation: % Growth 2020-2025
- Table 30 Debit Cards Transactions: % Growth 2020-2025
- Table 31 Debit Cards: Number of Cards by Issuer 2020-2024
- Table 32 Debit Cards: Number of Cards by Operator 2020-2024
- Table 33 Debit Cards Payment Transaction Value by Issuer 2020-2024
- Table 34 Debit Cards Payment Transaction Value by Operator 2020-2024
- Table 35 Forecast Debit Cards: Number of Cards in Circulation 2025-2030
- Table 36 Forecast Debit Cards Transactions 2025-2030
- Table 37 Forecast Debit Cards in Circulation: % Growth 2025-2030
- Table 38 Forecast Debit Cards Transactions: % Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
CREDIT CARDS IN MALAYSIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Rewards and contactless functionality boost credit card engagement
INDUSTRY PERFORMANCE
- Rise in credit cards in Malaysia driven by digital adoption and consumer incentives
- Contactless and rewards-led propositions gain traction
WHAT'S NEXT?
- Policy support and digital adoption should sustain transaction growth
- AI-driven personalisation will become more visible within issuer app strategies
- Co-branded cards to boost loyalty through niche lifestyle and ecosystem partnerships
COMPETITIVE LANDSCAPE
- Visa leads credit card operations through credential flexibility and biometric security
- Issuer differentiation and premium dynamism intensifies across portfolios and propositions
CATEGORY DATA
- Table 39 Credit Cards: Number of Cards in Circulation 2020-2025
- Table 40 Credit Cards Transactions 2020-2025
- Table 41 Credit Cards in Circulation: % Growth 2020-2025
- Table 42 Credit Cards Transactions: % Growth 2020-2025
- Table 43 Commercial Credit Cards: Number of Cards in Circulation 2020-2025
- Table 44 Commercial Credit Cards Transactions 2020-2025
- Table 45 Commercial Credit Cards in Circulation: % Growth 2020-2025
- Table 46 Commercial Credit Cards Transactions: % Growth 2020-2025
- Table 47 Personal Credit Cards: Number of Cards in Circulation 2020-2025
- Table 48 Personal Credit Cards Transactions 2020-2025
- Table 49 Personal Credit Cards in Circulation: % Growth 2020-2025
- Table 50 Personal Credit Cards Transactions: % Growth 2020-2025
- Table 51 Credit Cards: Number of Cards by Issuer 2020-2024
- Table 52 Credit Cards: Number of Cards by Operator 2020-2024
- Table 53 Credit Cards Payment Transaction Value by Issuer 2020-2024
- Table 54 Credit Cards Payment Transaction Value by Operator 2020-2024
- Table 55 Commercial Credit Cards: Number of Cards by Issuer 2020-2024
- Table 56 Commercial Credit Cards: Number of Cards by Operator 2020-2024
- Table 57 Commercial Credit Cards Payment Transaction Value by Issuer 2020-2024
- Table 58 Commercial Credit Cards Payment Transaction Value by Operator 2020-2024
- Table 59 Personal Credit Cards: Number of Cards by Issuer 2020-2024
- Table 60 Personal Credit Cards: Number of Cards by Operator 2020-2024
- Table 61 Personal Credit Cards Payment Transaction Value by Issuer 2020-2024
- Table 62 Personal Credit Cards Payment Transaction Value by Operator 2020-2024
- Table 63 Forecast Credit Cards: Number of Cards in Circulation 2025-2030
- Table 64 Forecast Credit Cards Transactions 2025-2030
- Table 65 Forecast Credit Cards in Circulation: % Growth 2025-2030
- Table 66 Forecast Credit Cards Transactions: % Growth 2025-2030
- Table 67 Forecast Commercial Credit Cards: Number of Cards in Circulation 2025-2030
- Table 68 Forecast Commercial Credit Cards Transactions 2025-2030
- Table 69 Forecast Commercial Credit Cards in Circulation: % Growth 2025-2030
- Table 70 Forecast Commercial Credit Cards Transactions: % Growth 2025-2030
- Table 71 Forecast Personal Credit Cards: Number of Cards in Circulation 2025-2030
- Table 72 Forecast Personal Credit Cards Transactions 2025-2030
- Table 73 Forecast Personal Credit Cards in Circulation: % Growth 2025-2030
- Table 74 Forecast Personal Credit Cards Transactions: % Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
CHARGE CARDS IN MALAYSIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Premium benefits sustain charge card relevance
INDUSTRY PERFORMANCE
- BNM Blueprint and DuitNow integration push charge card adoption in Malaysia
- Charge card transactions rise as frequency and everyday acceptance improves
WHAT'S NEXT?
- Maybank-Amex offerings and lifestyle rewards to drive premiumisation
- Issuer-led innovation and rewards ecosystems will fuel category expansion
- Growing corporate adoption of charge cards set to streamline business expenses
COMPETITIVE LANDSCAPE
- Premium charge cards gain momentum with luxury perks and travel benefits
- Maybank anchors issuer leadership as digital integration and DuitNow QR expansion strengthens engagement
CATEGORY DATA
- Table 75 Charge Cards: Number of Cards in Circulation 2020-2025
- Table 76 Charge Cards Transactions 2020-2025
- Table 77 Charge Cards in Circulation: % Growth 2020-2025
- Table 78 Charge Cards Transactions: % Growth 2020-2025
- Table 79 Commercial Charge Cards: Number of Cards in Circulation 2020-2025
- Table 80 Commercial Charge Cards Transactions 2020-2025
- Table 81 Commercial Charge Cards in Circulation: % Growth 2020-2025
- Table 82 Commercial Charge Cards Transactions: % Growth 2020-2025
- Table 83 Personal Charge Cards: Number of Cards in Circulation 2020-2025
- Table 84 Personal Charge Cards Transactions 2020-2025
- Table 85 Personal Charge Cards in Circulation: % Growth 2020-2025
- Table 86 Personal Charge Cards Transactions: % Growth 2020-2025
- Table 87 Charge Cards: Number of Cards by Issuer 2020-2024
- Table 88 Charge Cards: Number of Cards by Operator 2020-2024
- Table 89 Charge Cards Payment Transaction Value by Issuer 2020-2024
- Table 90 Charge Cards Payment Transaction Value by Operator 2020-2024
- Table 91 Commercial Charge Cards: Number of Cards by Issuer 2020-2024
- Table 92 Commercial Charge Cards: Number of Cards by Operator 2020-2024
- Table 93 Commercial Charge Cards Payment Transaction Value by Issuer 2020-2024
- Table 94 Commercial Charge Cards Payment Transaction Value by Operator 2020-2024
- Table 95 Personal Charge Cards: Number of Cards by Issuer 2020-2024
- Table 96 Personal Charge Cards: Number of Cards by Operator 2020-2024
- Table 97 Personal Charge Cards Transaction Value by Issuer 2020-2024
- Table 98 Personal Charge Cards Transaction Value by Operator 2020-2024
- Table 99 Forecast Charge Cards: Number of Cards in Circulation 2025-2030
- Table 100 Forecast Charge Cards Transactions 2025-2030
- Table 101 Forecast Charge Cards in Circulation: % Growth 2025-2030
- Table 102 Forecast Charge Cards Transactions: % Growth 2025-2030
- Table 103 Forecast Commercial Charge Cards: Number of Cards in Circulation 2025-2030
- Table 104 Forecast Commercial Charge Cards Transactions 2025-2030
- Table 105 Forecast Commercial Charge Cards in Circulation: % Growth 2025-2030
- Table 106 Forecast Commercial Charge Cards Transactions: % Growth 2025-2030
- Table 107 Forecast Personal Charge Cards: Number of Cards in Circulation 2025-2030
- Table 108 Forecast Personal Charge Cards Transactions 2025-2030
- Table 109 Forecast Personal Charge Cards in Circulation: % Growth 2025-2030
- Table 110 Forecast Personal Charge Cards Transactions: % Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
PRE-PAID CARDS IN MALAYSIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Wallet integration lifts prepaid usage beyond transit
INDUSTRY PERFORMANCE
- Expansion of e-commerce and recurring payments supports growth in pre-paid cards
- Pre-paid card transactions increase as cards move into everyday recurring spend
WHAT'S NEXT?
- Mobile wallets to drive everyday pre-paid card usage in Malaysia
- Government-led cashless push is accelerating prepaid adoption
- Cross-border connectivity enhances prepaid card utility
COMPETITIVE LANDSCAPE
- Transit-linked prepaid cards gain momentum through innovation and payment flexibility
- Touch 'n Go anchors open-loop prepaid leadership through wallet scale and global Visa interoperability
CATEGORY DATA
- Table 111 Pre-paid Cards: Number of Cards in Circulation 2020-2025
- Table 112 Pre-paid Cards Transactions 2020-2025
- Table 113 Pre-paid Cards in Circulation: % Growth 2020-2025
- Table 114 Pre-paid Cards Transactions: % Growth 2020-2025
- Table 115 Closed Loop Pre-paid Cards Transactions 2020-2025
- Table 116 Closed Loop Pre-paid Cards Transactions: % Growth 2020-2025
- Table 117 Open Loop Pre-paid Cards Transactions 2020-2025
- Table 118 Open Loop Pre-paid Cards Transactions: % Growth 2020-2025
- Table 119 Pre-paid Cards: Number of Cards by Issuer 2020-2024
- Table 120 Pre-paid Cards: Number of Cards by Operator 2020-2024
- Table 121 Pre-paid Cards Transaction Value by Issuer 2020-2024
- Table 122 Pre-paid Cards Transaction Value by Operator 2020-2024
- Table 123 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2020-2024
- Table 124 Closed Loop Pre-paid Cards: Number of Cards by Operator 2020-2024
- Table 125 Closed Loop Pre-paid Cards Transaction Value by Issuer 2020-2024
- Table 126 Closed Loop Pre-paid Cards Transaction Value by Operator 2020-2024
- Table 127 Open Loop Pre-paid Cards: Number of Cards by Issuer 2020-2024
- Table 128 Open Loop Pre-paid Cards: Number of Cards by Operator 2020-2024
- Table 129 Open Loop Pre-paid Cards Transaction Value by Issuer 2020-2024
- Table 130 Open Loop Pre-paid Cards Transaction Value by Operator 2020-2024
- Table 131 Forecast Pre-paid Cards: Number of Cards in Circulation 2025-2030
- Table 132 Forecast Pre-paid Cards Transactions 2025-2030
- Table 133 Forecast Pre-paid Cards in Circulation: % Growth 2025-2030
- Table 134 Forecast Pre-paid Cards Transactions: % Growth 2025-2030
- Table 135 Forecast Closed Loop Pre-paid Cards Transactions 2025-2030
- Table 136 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2025-2030
- Table 137 Forecast Open Loop Pre-paid Cards Transactions 2025-2030
- Table 138 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
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